Government policies
After SBI, govt mulls PNB and BoB taking over smaller peers
18 Apr 2017
The merger move is a part of the efforts to address the issue of rising bank NPAs, for which the RBI has unveiled a prompt corrective action framework, which may force lenders to consolidate in case they don’t meet regulatory requirements
Builders body to float 352 schemes to build 203,851 affordable houses
10 Apr 2017
The builders' body aims to construct 203,851 low-cost homes in the price range of Rs15 lakh to Rs30 lakh, in 53 cities across 17 states, involving total investment of Rs38,000 crore
UDAN in flight mode; 5 airlines win bids to fly 128 routes
30 Mar 2017
UDAN flights will connect airports including Bhatinda, Shimla, Bilaspur, Neyveli, Cooch Behar, Nanded and Kadapa with fares on 50 per cent of the seats capped at Rs2,500 per seat/hour
Aadhar mandatory for I-T; no cap on corporate funding of political parties
23 Mar 2017
The amendments to the Finance Bill removes the cap of 7.5 per cent of average net profits of a corporate entity over a three-year period for political contributions, allowing free flow of corporate funds to political parties